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it's only after that that the taxes go back to clinton era. and because this is a different time and place, i support giving a tax break, continuing it for 98%, but asking the wealthiest to pay their fair share for the greatest country on the face of this earth. my father was born into dire poverty. he was the only one of nine children born in america. he was the only one of nine children to go to college at night in your great state, madam president. city college. at night. while he supported a family by day. he became a c.p.a., and after he got his bachelor's, he went at night to a place called brooklyn law school, where he got his law degree in five years. i was about ten. this is america. he was able to do that. and when he was a c.p.a., he would oversee everybody's taxes in the family. and i was a kid, and i got my first job working for a long time. i was a telephone operator for hilton hotels one summer. i'll never forget it. i was not good at it. i kept putting the -- those wires into the wrong places. but i managed to get through. and
it's only after that that the taxes go back to clinton era. and because this is a different time and place, i support giving a tax break, continuing it for 98%, but asking the wealthiest to pay their fair share for the greatest country on the face of this earth. my father was born into dire poverty. he was the only one of nine children born in america. he was the only one of nine children to go to college at night in your great state, madam president. city college. at night. while he supported...
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Dec 3, 2012
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we are proposing to let the rates go back to clinton levels. that was a time of remarkably good economic growth in the country. strong private investment, strong job growth and strong growth in next. it was a good time for the american economy. makes a lot of sense. but in addition to that we propose to limit deductions for the top two percent of americans as well. we are willing to work with republicans on tax reform to create a more simple and fair system but only part of an agreement that has the rates go back up at the end of the year. >> 39.6%? >> and the reason eye why -- >> i understand the reason why. >> if you don't do that, you have to ask yourself where, whose taxes are you going to raise? where are you going to fine the money to bring a balanced plan in place that reduces our long-term deficit? >> how does that go for the economy if we go over the cliff? >> the american economy? >> yes. >> it would be very damaging. there's no reason it should happen. the only reason it would happen is if a group of members of congress decide they a
we are proposing to let the rates go back to clinton levels. that was a time of remarkably good economic growth in the country. strong private investment, strong job growth and strong growth in next. it was a good time for the american economy. makes a lot of sense. but in addition to that we propose to limit deductions for the top two percent of americans as well. we are willing to work with republicans on tax reform to create a more simple and fair system but only part of an agreement that...
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Dec 4, 2012
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. >> this president clinton have any remarks were suggestions to president obama through their golf game on the fiscal cliff? >> for reasons that would be apparent to anybody who's seen me sitting at golf club i was not there and therefore do not know. [inaudible] >> and a president obama enjoyed the session, but beyond that i don't have anything else for you. [inaudible] >> can you give us more detail about who will be here, how many end the dialog does not already part of the conversation? >> the president looks forward to the meeting. i think we will have details on that later this evening. i don't have a list for you. >> in concept, talk about what experience governors have, what is hoping to hear every day. >> governors have a lot at stake in this process. they've been interesting seeing washington get its fiscal house in order. they see action to ensure that the economy continues to grow. governors broadly speaking having an interest in washington making wise investments and rebuilding our infrastructure. they obviously have a stake in our health care entitlement programs including
. >> this president clinton have any remarks were suggestions to president obama through their golf game on the fiscal cliff? >> for reasons that would be apparent to anybody who's seen me sitting at golf club i was not there and therefore do not know. [inaudible] >> and a president obama enjoyed the session, but beyond that i don't have anything else for you. [inaudible] >> can you give us more detail about who will be here, how many end the dialog does not already part...
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the clinton deal as part of the budget control act. we're going to do $1 trillion in cuts. as secretary geithner pointed out, the president's budget contains additional cuts. and i don't think people recognize this. the president's budget over the next 10 years has more additional savings in medicare than the republican ryan budget over the next 10 years. let's see their plan. the reality is, they attack the president viciously, claiming he cut medicare by $716 billion. what they wanted to do was to add that $716 billion back into medicare, which would have cut the solvency by eight years. so they attack him for $716 billion, and now they are coming around saying, mr. president, you don't have enough medicare savings in your plan when in fact his plan over the next 10 years -- >> well, both things can be true. there's still not enough detail about how you fundamentally restructure medicare because the president does not want to make that commitment yet before he solves the tax issue. we'll come back. >> absolutely the right point, davi
the clinton deal as part of the budget control act. we're going to do $1 trillion in cuts. as secretary geithner pointed out, the president's budget contains additional cuts. and i don't think people recognize this. the president's budget over the next 10 years has more additional savings in medicare than the republican ryan budget over the next 10 years. let's see their plan. the reality is, they attack the president viciously, claiming he cut medicare by $716 billion. what they wanted to do...
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Dec 6, 2012
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now, president clinton was the there, i was there. they didn't come to see me, of course. they came to see not president clinton, they came to see jim webb because he was doing the impossible. he had captivated the voters. he was unafraid. he spoke his mind. and, oh, what a smart man. i'm -- i marvel at the intelligence of jim webb, his ability to learn and to express his ideas. as i said, he captivated the voters. that's really why he won the race that he should have been able to win. once he was elected, it was a marvel to watch. he believed he could change the world. he did change several corners of the world. let me give one example. he was a new senator and he came to me, he said, i have an idea. now, jim webb isn't a person who just focuses on an idea and walks away from it. when jim webb came to see me, he had the legislation that he had drafted. wasn't sent to some bill drafter to have them look it over. he drafted the legislation himself. what did he want to do? he wanted to introduce a post-9/11 g.i. bill of rights, because the one for the second world war and ko
now, president clinton was the there, i was there. they didn't come to see me, of course. they came to see not president clinton, they came to see jim webb because he was doing the impossible. he had captivated the voters. he was unafraid. he spoke his mind. and, oh, what a smart man. i'm -- i marvel at the intelligence of jim webb, his ability to learn and to express his ideas. as i said, he captivated the voters. that's really why he won the race that he should have been able to win. once he...
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the white house would like to raise tax rates on top earners to where they were in the clinton administration, 39.6%. they would also like to raise $1.6 trillion with new taxes over the next decade, while cutting about $400 billion through entitlement reform. although, those cuts are not specific and not guaranteed. but the treasury secretary says the administration's plan is fiscally responsible and would prevent taxes from going up on 98% of americans. >> we think that is a very good set of proposals. we think it's good for the economy. if they have different suggestions they want to go further in some areas, then they should lay odds with us. >> reporter: secretary geithner said he cannot promise we will not go over the fiscal cliff and whether or not we go over it depends -- is a decision, rather, that lay in the hands of republicans that don't want to increase tax rates. speaker boehner said there is a chance we go over the cliff, but he doesn't want any part of that and he will do everything he can to avert that. eric, jamie? >> eric: peter, negotiations if and when they commence and co
the white house would like to raise tax rates on top earners to where they were in the clinton administration, 39.6%. they would also like to raise $1.6 trillion with new taxes over the next decade, while cutting about $400 billion through entitlement reform. although, those cuts are not specific and not guaranteed. but the treasury secretary says the administration's plan is fiscally responsible and would prevent taxes from going up on 98% of americans. >> we think that is a very good...
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does he insist on raising the top rate from 35% all the way up to the clinton rate of 39.6%, or would he compromise on something lower, like 37%? is that negotiable. >> we will not extend an extension of the tax rates for the top 2%, we think they should go back and need to go back to clinton levels and let me explain why. >> chris: i just -- to answer my question, specifically, you are saying nonnegotiable, 39.6%. >> we think that is the way to do it. if you don't do that, it costs a trillion dollars, roughly a trillion dollars over ten years. >> chris: not if you went to 37%. >> again, but you are -- >> that is one of the ideas, out there, sir, i'm not making it up. >> that is out there, and again we are proposing to let the rates go back to clinton levels and that was a time of remarkably good economic growth, in the country. strong private investment, and strong job growth, strong broad-based growth in incomes, and, it was a good time for the american economy and in addition we propose to limit deductions for the top 2% of americans as well and are willing to work with republicans
does he insist on raising the top rate from 35% all the way up to the clinton rate of 39.6%, or would he compromise on something lower, like 37%? is that negotiable. >> we will not extend an extension of the tax rates for the top 2%, we think they should go back and need to go back to clinton levels and let me explain why. >> chris: i just -- to answer my question, specifically, you are saying nonnegotiable, 39.6%. >> we think that is the way to do it. if you don't do that, it...
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in fact, secretary clinton has recently said that mali has now become a powder keg of potential instability in the region and beyond. the top american military commander in africa, general carter hamm, said publicly just this week that al qaeda's operating terrorist training camps in northern mali and providing arms, explosives and financing to other terrorist groups in the region. so i believe it's critical that the united states have a strong and comprehensive policy to deal with this threat. i'm concerned that the current u.s. approach may not be forward leaning enough to address all three crises -- security, political and humanitarian -- in a coordinated, comprehensive and effective way at the same time. given the compelling u.s. interest in stability and security and good governance in mali, we must ensure we don't miss the bigger picture of what this situation means for the future of mali, to our allies, and to our security. the u.n. security council is now considering what they call a concept of operations for an african-led military operation. the u.s. can and should play a more act
in fact, secretary clinton has recently said that mali has now become a powder keg of potential instability in the region and beyond. the top american military commander in africa, general carter hamm, said publicly just this week that al qaeda's operating terrorist training camps in northern mali and providing arms, explosives and financing to other terrorist groups in the region. so i believe it's critical that the united states have a strong and comprehensive policy to deal with this threat....
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we're proposing to let the rates go back to clinton levels. that would be a good thing to do as a sensible economic policy, and we want to combine that with tax reforms that will limit deductions. there's no surprise in this. we have been proposing this for a very long time. the president campaigned on it and i think that's where we're going to end up. and i think that's there going to be very broad support from the business community and from the american people for an agreement with roughly that shape. >> when you talked about limiting the deductions there have been proposals from governor romney during the presidential campaign, and from other republicans, when you talk about those limitations on deductions, do you include the charitable deduction and the home mortgage deduction? >> i think you're right to point out the essential problem in this, which is, if you try to limit deductions with a $25,000 cap, what you do is you end up hitting millions and millions -- actually 17 million americans -- a huge part of the revenue comes from that b
we're proposing to let the rates go back to clinton levels. that would be a good thing to do as a sensible economic policy, and we want to combine that with tax reforms that will limit deductions. there's no surprise in this. we have been proposing this for a very long time. the president campaigned on it and i think that's where we're going to end up. and i think that's there going to be very broad support from the business community and from the american people for an agreement with roughly...
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it's not a coincidence that the president was golfing with bill clinton this sudden. that is as much the president likes golf as much as an effort to say, here i am with the great dealmaker, the reasonable guy that everybody likes, regardless of whether clinton's actually giving him any advice on this although i'm sure he is. >> if you look back to the health care debate obama tried to appear reasonable last time and that didn't work well for him. what he's doing now is all the things he didn't do last time. starting with the unreasonable position, with what he wants rather than what he thinks he'll get which is a better bargaining position. he's going out and trying to get people to pick up the phone, take up, you know, twitter and facebook and tell congress we want to get this done. so he's doing a lot of the things from a negotiating standpoint that he didn't do last it time around, while still, you know, kind of queuing up the blame game as both sides are doing to make sure that other guy takes the fall if it doesn't work. >> and i think to eric's point, this is w
it's not a coincidence that the president was golfing with bill clinton this sudden. that is as much the president likes golf as much as an effort to say, here i am with the great dealmaker, the reasonable guy that everybody likes, regardless of whether clinton's actually giving him any advice on this although i'm sure he is. >> if you look back to the health care debate obama tried to appear reasonable last time and that didn't work well for him. what he's doing now is all the things he...
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>> he did. 39.6%, like in clinton era. he said clinton rare was time of remarkably good economic growth and strong private investment and he thinks that the republicans just need time to digest the idea of higher rates for rich. >> you heard them for the first time i think in two decades now acknowledge that they are willing to have the revenue go up as part of a balanced plan. a good first step. they have to tell us what they are willing to do on rate and revenues. that is hard for republicans. >> secretary geithner says he cannot promise we will not go off the fiscal cliff. speaker boehner says he is going to do everything we can to avoid the cliff. but acknowledged there is a chance he canal stop it. jamie? >> eric: peter doocy comprehensive report. >> jamie: thank you. >> eric: president obama hit the road on friday to try to sell his plan to the american people. but is that his -- is that what needed to make a deal? bring in max schlapp, political director under president bush. former democratic congressman from texas
>> he did. 39.6%, like in clinton era. he said clinton rare was time of remarkably good economic growth and strong private investment and he thinks that the republicans just need time to digest the idea of higher rates for rich. >> you heard them for the first time i think in two decades now acknowledge that they are willing to have the revenue go up as part of a balanced plan. a good first step. they have to tell us what they are willing to do on rate and revenues. that is hard for...
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>> what do secretary of state hillary clinton, chris christie and honey boo boo have in common? they've all been placed on barbara walters' most fascinating list. honey boo boo has her fair share of critics including adam lee convenient and south parks. she's sweet loving. look at that face. >> so that's not a sign? >> what? >> of the myan prophecy. >> i knew you were going there. >> that's scary. >> all right. next on fast city stores, is it safe to get into this stock? our traders will make the call. special dividends are all the rage. is there one etf? we've got an under the radar name. that is next on "fast." [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [
>> what do secretary of state hillary clinton, chris christie and honey boo boo have in common? they've all been placed on barbara walters' most fascinating list. honey boo boo has her fair share of critics including adam lee convenient and south parks. she's sweet loving. look at that face. >> so that's not a sign? >> what? >> of the myan prophecy. >> i knew you were going there. >> that's scary. >> all right. next on fast city stores, is it safe to...
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president clinton did listen to him. and i'll tell you, i talked to bob rubin about that anecdote where clinton says you tell me a bunch of bond traders control the economy -- i'm paraphrasing -- and rubin said, yes, i am. i asked him about that once a couple years ago, and he said it was true. it wasn't as dramatic woodward made it out to be, but it did has happen. but you didn't get that out of geithner. you kind of don't think you'll get that out of lew. he's very much aligned intellectually with president obama particularly on the notion of fairnesses. you know, you talk to economistses. should we really be raising taxes now? no. hour hour tax increases, we're going to lose the deductions -- >> probably shouldn't be cutting that much. the economy is like in a very weird state right now, kind of like i think the notion is to grow it now, you know? and, you know, this guy doesn't see that. he sees raising taxes not as an economic efficiency so to speak, but as you know, you don't get a lot of tax revenues out of that,
president clinton did listen to him. and i'll tell you, i talked to bob rubin about that anecdote where clinton says you tell me a bunch of bond traders control the economy -- i'm paraphrasing -- and rubin said, yes, i am. i asked him about that once a couple years ago, and he said it was true. it wasn't as dramatic woodward made it out to be, but it did has happen. but you didn't get that out of geithner. you kind of don't think you'll get that out of lew. he's very much aligned intellectually...
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michelle obama is competing with bill clinton for a grammy for best spoken word album. the first lady red the audio version of "american grown," the story of the white house garden. the former president narrated his book "back to work." those are a couple of things we thought you should knowment time for the news narc gut check. treasury he secretary tim geithner told cnbc yesterday that the obama administration is absolutely ready to go over the cliff if republicans refuse to raise tax rates on the wealthiest americans. take a look. >> when it comes to raising taxes on the wealthy, if republicans do not agree to that is the administration prepared to go over the fiscal cliff? >> absolutely. there's no prospect to an agreement that doesn't involve the rates going up on the top 2% of the wealthy. >> orrin hatch called that one of the most stunning and irresponsible statements he's heard in some time. what does your gut tell you? do you support the obama administration's decision to go over the cliff? that does it for this edition of "news nation." thanks for hanging with
michelle obama is competing with bill clinton for a grammy for best spoken word album. the first lady red the audio version of "american grown," the story of the white house garden. the former president narrated his book "back to work." those are a couple of things we thought you should knowment time for the news narc gut check. treasury he secretary tim geithner told cnbc yesterday that the obama administration is absolutely ready to go over the cliff if republicans refuse...
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bill clinton, number 50. no hillary clinton or not list. way down at number 65, below the colombian drug deale erdealer, . boehner. boehner that low? >> it's remarkable. there is some subjectivity that goes with this but i think that's very interesting. the other folks that you mentioned. bloomberg fascinates me. >> bloomberg more power than bainer? really? >> i don't know about more power but think about the interesting position that bloomberg's in. he's got a year left on this third term that he has figured out a way to have. he's a publisher. he's a 15th richest guy -- most powerful guy on our list, one of the richest men in the world. >> and a quick thought on ilan musk -- we've heard his name but he doesn't get a lot of attention. why is he in the top 70? >> when you think about the entrepreneurial ethos that forbes tries to represent, the people, places and companies that we try to describe an entrepreneurs in particular, here's a guy who founded paypal. here's a guy who's at the front of the tesla automobile. he's now moving cargo th
bill clinton, number 50. no hillary clinton or not list. way down at number 65, below the colombian drug deale erdealer, . boehner. boehner that low? >> it's remarkable. there is some subjectivity that goes with this but i think that's very interesting. the other folks that you mentioned. bloomberg fascinates me. >> bloomberg more power than bainer? really? >> i don't know about more power but think about the interesting position that bloomberg's in. he's got a year left on...
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we think they should go back to the clinton level and bipartisan that with tax reform in limited deductions for wealthy americans. that's an essential parent of any balanced agreement. now, that's not enough. we think we can go beyond that and lock in some carefully designed savings that helps us go back to living within our means. and the president lad out a very detailed, comprehensive plan for how best to do that. he put on theitable it $16 billion in savings, and they're very detailed, and they're very well designed-- >> schieffer: what gives you reason for optimism. speaker boehner says this is basically a stalemate. >> it's true that we're still a bit apart. and they're going to have to move further, and they're trying to figure out, again, what they do next in this context. again, we've given them a very detailed set of proposals. we're open to suggestions on how to do it differently. if they want to come back and say we'd like you to do this differently, do more of this, they should lay this out for us. >> schieffer: what is it what cannot change in your plan. >> our plan? >> schief
we think they should go back to the clinton level and bipartisan that with tax reform in limited deductions for wealthy americans. that's an essential parent of any balanced agreement. now, that's not enough. we think we can go beyond that and lock in some carefully designed savings that helps us go back to living within our means. and the president lad out a very detailed, comprehensive plan for how best to do that. he put on theitable it $16 billion in savings, and they're very detailed, and...
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clinton in the six-minute clip. this video seems like an international endorsement of a presidential campaign ad all rolled into one. but the kind words didn't stop there. hillary clinton's boss recorded this special message for her. >> through it all, i have relied on the shining qualities that have defined your life. your conviction, your optimism, your belief that america can and must be a force for good in the world. i'll say it again. you've been one of the best secretary of states in american history. >> there doesn't seem to be any democrats that could come close to hillary clinton or joe biden when it comes to running for president, but there's plenty of time. we're only three years and 11 months away from election day. let's turn to michael tomasky, correspondent for "the daily beast". it's a lot of fun to talk about it, but it's amazing -- not that she doesn't deserve it. it's a quick endorsement on all fronts globally. how do you compete with that? >> it's awfully tough to compete with that. the speculati
clinton in the six-minute clip. this video seems like an international endorsement of a presidential campaign ad all rolled into one. but the kind words didn't stop there. hillary clinton's boss recorded this special message for her. >> through it all, i have relied on the shining qualities that have defined your life. your conviction, your optimism, your belief that america can and must be a force for good in the world. i'll say it again. you've been one of the best secretary of states...
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they allow the marginal rates on earned income to go back to the clinton levels. in that proposal, as i understand it, dividends and cap gains rise modestly to 20%. i think anybody that's looked that the will tell you the mix of rates and deductions and tax treatment of dividends, capital gains now is unaffordable for the country. the current mix we have in current policy is unaffordable. we're going to have to alter that mix. we've laid out the best way we think to do that. if we did that, i think you'd see alongside sensible spending reforms. you'd see very good outcomes for the american economy. the american economy right now looks very resilient. the biggest thing that stands in the way of much significant strength in growth is this uncertainty about how to reach an agreement. >> what's the right rate for dividends and capital gains? >> in the senate bill, you see there's a proposal to let them go to 20. that's certainly one way to do it. ultimately, you have to look at the overall mix of tax treatment, investment income -- >> is there a number that's too high
they allow the marginal rates on earned income to go back to the clinton levels. in that proposal, as i understand it, dividends and cap gains rise modestly to 20%. i think anybody that's looked that the will tell you the mix of rates and deductions and tax treatment of dividends, capital gains now is unaffordable for the country. the current mix we have in current policy is unaffordable. we're going to have to alter that mix. we've laid out the best way we think to do that. if we did that, i...
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meanwhile, former president bill clinton hung on to 50. tim cook was number 35 on the forbes list. >>> finally, this is not a joke, people. though it began as one on facebook. pizza hut in canada has sent more than 100 bottles of pizza scented perfume to facebook fans. the fragrance smells like freshly based hand tossed dough. >>> coming up, newark mayor cory booker lives on food stamps. >>> the nfl steps in for jovan belcher's 4 month old daughter. plus high resolution images from space. it uses techniques that allows the images such as city laws, aur rar ras, wildfires, and moonlight be seen by the naked eye. >>> stories making news across america on this thursday. in washington state, a 35-year-old relationship was officially legitimized a short time ago as the clock struck 12:00 out west. they became the first same sex couple to receive a marriage license in the evergreen state, a fitting honor for the couple who was featured in the ad campaign to legalize same-sex marriage. >>> newark new jersey mayor core rebooker is gearing up for h
meanwhile, former president bill clinton hung on to 50. tim cook was number 35 on the forbes list. >>> finally, this is not a joke, people. though it began as one on facebook. pizza hut in canada has sent more than 100 bottles of pizza scented perfume to facebook fans. the fragrance smells like freshly based hand tossed dough. >>> coming up, newark mayor cory booker lives on food stamps. >>> the nfl steps in for jovan belcher's 4 month old daughter. plus high...
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>>neil: but we know it is not returning to the clinton tax rates. as you pointed out between the sur taxes on the wealthy, medicare and everything else, you are at a were higher rate? >>guest: of course, this is higher. yes. and you are talking about much higher spending. remember, that government spending is taxation. these guys don't create resources. they redistribute the resources. what they have done here with this, they have had a huge increase in taxes which is why we have the very bad who we have today. it is, unfortunately, we are never going to bring the economy back unless we get control of the spending and get toward the low rate flat tax. can you not do it. >>neil: i don't think either side has offered enough on spending. i think it is baked into the cake it is the result of election and elections have consequences. but on the wealthy i think the rates go up but with the latest proposal, why see enough to adhere to what was the debt commission in cuts, is too little too late, but, too little, more to the point. >>guest: it is too little
>>neil: but we know it is not returning to the clinton tax rates. as you pointed out between the sur taxes on the wealthy, medicare and everything else, you are at a were higher rate? >>guest: of course, this is higher. yes. and you are talking about much higher spending. remember, that government spending is taxation. these guys don't create resources. they redistribute the resources. what they have done here with this, they have had a huge increase in taxes which is why we have...
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among us to go back to the clinton rates for income above $250,000. >> the clinton tax rates, we need to go back. that's not a generic policy idea. that's really specific. the clinton tax rate for high income earners was 39.6%. that's what president obama was calling for during the campaign. that's still what president obama is calling for now. but now when you ask him if that's the red line, if it you ask if he will accept anything else, he doesn't really answer. >> tax rates. are you -- is there no deal at the end of the year if tax rates for the top 2% aren't the clinton tax rates, period. no ifs, ands or buts on that specific aspect of the fiscal cliff. >> with respect to the tax rates, i want to emphasize, i am open to new ideas. i'm not going to slam the door in their face. i want to hear -- i want to hear ideas from everybody. >> that's not a no. here is the treasury secretary timothy geithner. >> there's no agreement that doesn't involve the rates going up on the top 2%. >> not necessarily going up to the clinton era rates. just going up. today at a press conference at the cap
among us to go back to the clinton rates for income above $250,000. >> the clinton tax rates, we need to go back. that's not a generic policy idea. that's really specific. the clinton tax rate for high income earners was 39.6%. that's what president obama was calling for during the campaign. that's still what president obama is calling for now. but now when you ask him if that's the red line, if it you ask if he will accept anything else, he doesn't really answer. >> tax rates. are...
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he didn't say they have to go up to clinton levels. that's where i think you begin to see the outlines of the deal that we will end up having, hopefully, at the end of the year. >> do you see signs of republicans that, yes, i have heard this too from actually republican aides. i haven't -- not anybody that was willing to put their name on it and would vote on it, but who said, you know, we sort of see that there probably will be something around tax rates, but it won't be back up to the clinton levels, and it may be for not the $250,000 limit. is there anything up there that makes you think republicans would give on the rates? >> republicans have told me privately they will give on the rates. they are not in the interest after this election in defending millionaires. the rates go -- the threshold for tax increases moves off of 250,000 to 500, 750,000, 800,000, a million, they will budge on rates. it will probably end up being somewhere around 37%. it's time for some give. they don't want to say it at the mikes, but they've been saying
he didn't say they have to go up to clinton levels. that's where i think you begin to see the outlines of the deal that we will end up having, hopefully, at the end of the year. >> do you see signs of republicans that, yes, i have heard this too from actually republican aides. i haven't -- not anybody that was willing to put their name on it and would vote on it, but who said, you know, we sort of see that there probably will be something around tax rates, but it won't be back up to the...
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former president bill clinton held on to last year's ranking at number 50. tonight on rock center watch brian williams sit down with apple ceo, tim cook, number 35 on the forbes list by the way. >>> finally, this is no joke. though it began as one on facebook, pizza hut in canada has sent more than 100 bottles of pizza scented perfume to facebook fans. the fragrance boasts top notes of freshly baked hand tossed dough. pepper reason ri? >> new york mayor cory booker lives on food stamps. >>> the nfl steps up with $1 million for jovan belcher's daughter. >>> high res images from space. it allows images of city lights, gas flares, aur rar ras, to be seen by the naked eye. >>> stories making news across america on this thursday. in washington state, a 35 year relationship was officially legitimized. as the clock struck 12:00 out west, they became the first same sex couple to receive a marriage license in the evergreen state, a fitting honor for the couple who was featured in the ad campaign to legalize same-sex marriage. >>> newark, new jersey, mayor co cory boo
former president bill clinton held on to last year's ranking at number 50. tonight on rock center watch brian williams sit down with apple ceo, tim cook, number 35 on the forbes list by the way. >>> finally, this is no joke. though it began as one on facebook, pizza hut in canada has sent more than 100 bottles of pizza scented perfume to facebook fans. the fragrance boasts top notes of freshly baked hand tossed dough. pepper reason ri? >> new york mayor cory booker lives on food...
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the assumption that simpson-bolles had, the assumption that gang of six hilary clintons and said to our republican colleagues give us back what you want for a down payment. we're not going to solve all of this by the end of the year. then they said no, give us more details. through sakt geithner they've laid out more details. i think it's also -- >> in terms of new details, and it's taken so long. >> it's also incumbent on the president to realize that this is a conversation that he has to have not just with washington but the rest of the country. bringing in business leaders, small business leaders, going out across the country. one reason i think why this time it's going to be different from the failures of the past, the debt krilg debacle, the failure of the super committee, is i think the american people and particularly the american business community, realize what's at stake, and i think an awful lot of us, frankly, in both parties who are willing to get there -- i want to commend kelli as well. there's been a big group of us, well in excess of the majority in the senate who say w
the assumption that simpson-bolles had, the assumption that gang of six hilary clintons and said to our republican colleagues give us back what you want for a down payment. we're not going to solve all of this by the end of the year. then they said no, give us more details. through sakt geithner they've laid out more details. i think it's also -- >> in terms of new details, and it's taken so long. >> it's also incumbent on the president to realize that this is a conversation that he...
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jerry brown, might not only we have a clinton match i think we have a clinton-jerry brown rematch in the primaries in 2016. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> these outside groups, are they having any success pressuring? these ceos have been here every other day. do we feel like they're having any impact? >> no, i don't think they are. the cross pressures are coming because republicans are feeling primary heat, democrats feel they have the upper hand. the super pacs that spent so much money in the election that just concluded, this can be their social welfare aspect. they're starting to spend money on -- >> but not really. i don't think anybody knows what si
jerry brown, might not only we have a clinton match i think we have a clinton-jerry brown rematch in the primaries in 2016. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15...
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hillary clinton hillary clinton is holding surprise talks from russia's prime minister, amid reports president bashar al assad is considering using chemical weapons against his own people. >> afghan president hamid karzai sharply criticizes the united states in an interview with nbc news. he partly blames the u.s. for the instability in his country. >> part of the insecurity comes from the structures that nato and america created in afghanistan. the private security firms, the contractors that they promoted at the cost of afghan people and the way they behaved with the afghan people and the anger that has caused in the afghan people and the resulting insecurity. >> so would you say you believe that some of these would be intentional insecurity brought by nato and the united states? >> it is a very strong perception that some of that insecurity is intentional, yes. >> president karzai also accuses the u.s. of history lating the strategic partnership agreement the country signed last spring and said afghanistan will not sign any new agreements until the u.s. respects afghan sovereignty
hillary clinton hillary clinton is holding surprise talks from russia's prime minister, amid reports president bashar al assad is considering using chemical weapons against his own people. >> afghan president hamid karzai sharply criticizes the united states in an interview with nbc news. he partly blames the u.s. for the instability in his country. >> part of the insecurity comes from the structures that nato and america created in afghanistan. the private security firms, the...
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look at the clinton clip and the record of the clinton administration on guns in the 1990s. what happened in 2000, al gore lost the presidency. democrats freaked out because he lost the states clinton carried. kentucky, west virginia, missouri, tennessee, his home state. how many jokes did he suffer about losing his home state. he walked away saying we don't want to talk guns because we don't want to alienate them anymore. there's john kerry going goose hunting. 2000 was a turning point. was that about right? >> yeah, i agree. i think that, you know, people, these things become folklore. the one thing that is important to remember about this issue is that, you know, we did a -- we did work this summer on polling national right to life, nra members themselves. they buck the nra on these issues. they believe in common sense control and safety and a host of issues. there becomes this concern that there's a group. my point is it's not as powerful as people think it is. it's important to make that point. the nra went into conservative states and went after democratic senators and
look at the clinton clip and the record of the clinton administration on guns in the 1990s. what happened in 2000, al gore lost the presidency. democrats freaked out because he lost the states clinton carried. kentucky, west virginia, missouri, tennessee, his home state. how many jokes did he suffer about losing his home state. he walked away saying we don't want to talk guns because we don't want to alienate them anymore. there's john kerry going goose hunting. 2000 was a turning point. was...
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. >> in 1994 clinton awarded him the national medal of the arts. >> i'll never forget in high school as a musician i could actually play the saxophone lead in "take 5." >> reporter: in 2009 the kennedy center honored his six decades. >> rhythm is an international thing. >> rhythm is an international language. >> reporter: dave brubeck spoke it fluidly. anthony mason, cbs news, new york. >>> coming up after your local news on "cbs morning news," an update on the growing crisis in syria. we'll get reaction from secretary of state hillary clinton who's holding talks. >> plus a groundbreaking way to treat alzheimer's disease with a brain pacemaker. >>> and the latest problems for the boeing 787 dream maker. we'll hear from peter later. >>> that is the morning news for this thursday. as always i appreciate your watching. i'm terrell brown in new york city. thank you, everybody. have a great day. -- captions by vitac -- www.vitac.com decemb >> your realtime captioner: linda marie macdonald >>> hi, everyone. good morning. it's thursday, december 6. good to have you with us. i'm frank mallic
. >> in 1994 clinton awarded him the national medal of the arts. >> i'll never forget in high school as a musician i could actually play the saxophone lead in "take 5." >> reporter: in 2009 the kennedy center honored his six decades. >> rhythm is an international thing. >> rhythm is an international language. >> reporter: dave brubeck spoke it fluidly. anthony mason, cbs news, new york. >>> coming up after your local news on "cbs...
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there is new speculation that hillary clinton will run for president in 2016. fueling the newest speculation you might ask? here appearance at the annual conference on middle east policy that took place in washington friday night. more than 10 minute video tribute. secretary clinton was praised by political rivals from senator onmccain and the president and by other world leaders. >> someone who knows a thing or two about political comebacks, i don't think we've heard the last of hillary clinton. ♪ girl you're amazing just the way you are ♪ >> i just have an instinct that the best is yet to come. >> i prepared some remarks for tonight, but then i thought maybe we could just watch that video a few more times. and then the next time i could count the hairstyles, which is one of my favorite past times. >> joining me now is ken vogel. you heard bibi netanyahu say he has an instinct the best is yet to come. what would be better perhaps some say than seeing hillary clinton run for president? >> indeed. that's what a lot of her supporters want. they are actually l
there is new speculation that hillary clinton will run for president in 2016. fueling the newest speculation you might ask? here appearance at the annual conference on middle east policy that took place in washington friday night. more than 10 minute video tribute. secretary clinton was praised by political rivals from senator onmccain and the president and by other world leaders. >> someone who knows a thing or two about political comebacks, i don't think we've heard the last of hillary...
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and none other than william jefferson clinton playing. imagine the conversation out there on the links at andrews. >>> up next, we'll talk to the former senate majority leader who recently served as u.s. special envoy for middle east peace. was the leading peace negotiator for that region, former senator george mitchell will join us live on the other side of the break. we'll spend some time with him. >>> and record rainfall up and down the west coast. a live report from one northern california town, where the river is literally rushing through it. >>> money was the single most important factor in the election. >> a little bit later, former president jimmy carter said president obama's re-election win was his grandson's doing. we're dead serious. we'll tell you why, we're watching msnbc. the place for politics. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brush
and none other than william jefferson clinton playing. imagine the conversation out there on the links at andrews. >>> up next, we'll talk to the former senate majority leader who recently served as u.s. special envoy for middle east peace. was the leading peace negotiator for that region, former senator george mitchell will join us live on the other side of the break. we'll spend some time with him. >>> and record rainfall up and down the west coast. a live report from one...
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now four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there has been no count offer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington has got a spending problem, not a revenue problem. if the president doesn't agree with our proposal, i believe he's got an obligation to families and small businesses to offer a plan of his own, a plan that can pass both chambers of the congress. we're ready and eager to talk to the president about such a plan. >> you did speak with the president earlier this week. can you characterize that call? did he have any kind of count offer and we understand that he is making clear that it's got to be increase rates for
now four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there has been no count offer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we...
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and david wrote, hillary clinton is running for president. he came to that conclusion after attending a forum in washington where hillary clinton was a featured speaker and was introduced by what remnick calls a short, adoring film. the film was like an international endorsement four years in advance of the iowa caucus and the new hampshire primary. >> if you bet on the side of human rights, human dignity, more countries may have the same extraordinary good fortune that we've had. ♪ and when you smile >> someone who knows a thing or two about political comebacks, i can tell you i don't think we've heard the last of hillary clinton. ♪ girl you're amazing just the way you are ♪ >> i just have an instinct that the best is yet to come. >> joining me now, "the washington post" and jonathan capeheart. >> come on, these leaving her term as secretary of state. she's arguably been one of the best that we've had in a while. she's loved by clearly lots of people around the world, particularly foreign leaders and so there she is at this forum fille
and david wrote, hillary clinton is running for president. he came to that conclusion after attending a forum in washington where hillary clinton was a featured speaker and was introduced by what remnick calls a short, adoring film. the film was like an international endorsement four years in advance of the iowa caucus and the new hampshire primary. >> if you bet on the side of human rights, human dignity, more countries may have the same extraordinary good fortune that we've had. ♪ and...
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. >> reporter: in 1994, president clinton awarded him the national medal of the arts. >> i'll never forget the first time when, as a high school musician, i discovered that i could actually play the saxophone lead in "take five." [ laughter ] >> reporter: in 2009, the kennedy center honored his six decades of creation and invention. >> rhythm is an international language. >> reporter: dave brubeck spoke it fluently. anthony mason, cbs news, new york. ♪ [ music ] >> and that's the "cbs evening news" for tonight. for all of us at cbs news all around the world, good night. captions by: caption colorado comments@captioncolorado.com >> your realtime captioner: linda marie macdonald >>> good evening, i allen martin. >> i'm dana king. we are following breaking news out of east bay. a full takeover of the oakland police department by the federal government has been avoided. late this afternoon, we learned of a last-minute deal struck to prevent it. cbs 5 reporter phil matier has just left the briefing by the mayor and police chief. phil. >> reporter: the oakland police department apparently has
. >> reporter: in 1994, president clinton awarded him the national medal of the arts. >> i'll never forget the first time when, as a high school musician, i discovered that i could actually play the saxophone lead in "take five." [ laughter ] >> reporter: in 2009, the kennedy center honored his six decades of creation and invention. >> rhythm is an international language. >> reporter: dave brubeck spoke it fluently. anthony mason, cbs news, new york. ♪...
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and hillary clinton, as well as the white house, have called for the egyptians to engage in a broader dialogue because the stakes with egypt as one quarter of the arab population couldn't be greater. >> so you don't expect anything different than what we've heard from hillary clinton at this point? >> no, but if the tensions play out in a tougher way on the streets, i think the administration will be under pressure to do something or say something more publicly about what's happening. >> there are new developments in syria, robin opinion u. irobin. there are reports that syria is prepared to use chemical weapons. hillary clinton speak about it in brussels yesterday. >> we sent an unmistakable message we that an would cross a red line and those responsible would be held to account. we intend to make that view as clear as we possibly can be. >> how likely is is it that assad will give that order? >> the government was forced to close the airport because of fighting near, it took down the entire internet. his country is no longer just beleaguered, it is besieged. he can last a while long
and hillary clinton, as well as the white house, have called for the egyptians to engage in a broader dialogue because the stakes with egypt as one quarter of the arab population couldn't be greater. >> so you don't expect anything different than what we've heard from hillary clinton at this point? >> no, but if the tensions play out in a tougher way on the streets, i think the administration will be under pressure to do something or say something more publicly about what's...
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you can't return to clinton prosperity only raising taxes on 2%. it's different for all taxpayers. am i right? >> you're almost entirely wrong. >> why would raising just on the 2% get us back to the clinton prosperity you're talking about? we can't return to the spending levels either. >> getting to a sound fiscal position is necessary to protect the economy. if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. then the question is how you get there, and the president believes that we should raise revenues with a tax system that has been proven in the past to go along with very substantial -- >> you can't conflate the two. you have the entire -- >> joe, joe, if you go back to this, i'm not sure what you're arguing. >> raising on 2% is different than the other structure. >> the reason it's different is that the tax rate on everybody else is going to be lower. >> right. so you don't have nearly as much money to balance the budget in the '90s. >> many other things have changed in the interim and we have set as a framework a
you can't return to clinton prosperity only raising taxes on 2%. it's different for all taxpayers. am i right? >> you're almost entirely wrong. >> why would raising just on the 2% get us back to the clinton prosperity you're talking about? we can't return to the spending levels either. >> getting to a sound fiscal position is necessary to protect the economy. if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. then...
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do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government spending within those years. the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i know why you have not been on the show very often. i am at a loss for words when you are done. stephen moore, i do hope you come back and see us soon. >> thank you, sir. stuart: here is an example of what i call tax hypocrisy. costco founder going to save because of the dividend payment this year. not next year, this year. the ceo, he is a very big obama supporter. even spoke at the democratic convention. >> a president who understands what the private sector needs to succeed. a president who takes the long view and makes the tough decisions. tha
do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government spending within those years. the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i...
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he was around when clinton -- remember that economy? okay. he said i wish president obama and the democrats would explain to the nation the federal budget deficit isn't the major problem and deficit reduction shouldn't be the major goal. problem is lack of good jobs and the goal must to be revive both. deficit reduction leads us away from jobs and growth. the reason the fiscal cliff is dangerous is because it's too much deficit reduction too quickly that would suck demand out of the economy. more jobs and growth will help the deficit. recall the '90s when the clinton administration balanced the budget because of faster job growth than anybody expected bringing in more tax revenues than anyone had forecast. europe offers the same lesson in reverse. thank you. as jim says, every time we talk about this, they keep taking the wrong -- lindsey graham said we're going to be greece. yeah, if we do what you want! the best way to generate jobs and growth is for the government to spend more, not less. and for taxes to stay lor owe become lower on the m
he was around when clinton -- remember that economy? okay. he said i wish president obama and the democrats would explain to the nation the federal budget deficit isn't the major problem and deficit reduction shouldn't be the major goal. problem is lack of good jobs and the goal must to be revive both. deficit reduction leads us away from jobs and growth. the reason the fiscal cliff is dangerous is because it's too much deficit reduction too quickly that would suck demand out of the economy....
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budget and the clinton economic policies. they are saying we're not voting for a tax rise or a tax cut. we're kind of abstaining all around. well, if that's their position, fine. i think they call that not leading. >> secretary reich, what do you make of that? we talk about kibuki theater. is anything more kibuki than that, voting present instead of yes, abstaining instead of casting a vote one way or another? >> it's a game within a game within a game. and it's an insiders game. the fact of the matter is most americans, even if they're called republicans, even if they consider themselves conservatives, they understand that 98% of americans do deserve a tax cut, a continuation of the bush tax cuts. and they understand that the rich have never been as rich, and they've never paid an effective tax rate that is as low in living memory. if we have a budget deficit at all, it is only fair. and you don't have to be -- again you don't have to be a republican, you can be a common sense republican to understand that this requires that
budget and the clinton economic policies. they are saying we're not voting for a tax rise or a tax cut. we're kind of abstaining all around. well, if that's their position, fine. i think they call that not leading. >> secretary reich, what do you make of that? we talk about kibuki theater. is anything more kibuki than that, voting present instead of yes, abstaining instead of casting a vote one way or another? >> it's a game within a game within a game. and it's an insiders game....